Street view of 5505 Furnas Ct
1 / 6
30score
New
$194,900
MLS Street view
Search photos

5505 Furnas Ct

Indianapolis IN 46221 · Single Family · built 1978
3 bd1.5 ba1,064 sqft$183/sqft vs ZIP $150 +22%
1.21 lender DSCR (est.)
Rent covers the estimated payment 1.21× · walk-away floor 1.20 · high confidence
How we compute this

Rent est. $1,730/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.

DSCR 1.21new this weekbelow assessed value
The underwriting

The numbers (estimates, illustrative)

$194,900List price
$1,730Rent estimate / mo
1.21Lender DSCR (est.)
$3,970Taxes / yr · county assessor
$150ZIP median $ / sqft
30/100Deal Score

Monthly picture (illustrative)

Rent est.$1,730
− Mortgage (P&I)−$1,022
− Taxes−$331
− Insurance−$81
= Cash flow before vacancy & repairs$296

The numbers

Price
$194,900
$ / sq ft
$183 ZIP median $150
Rent estimate
$1,730/mo ZIP + bedroom comps
Property taxes
$3,970/yr 2% cap on assessed value $198,500
PITIA (assumed)
$1,434/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.21 rent ÷ PITIA · lender floor 1.20
Deal Score
30/100 DSCR 1.21 · new this week · below assessed value

The property

Beds / baths
3 / 1.5
Living area
1,064 sq ft
Lot
10,454 sq ft
Year built
1978
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22131151
Listed
Oct 13, 2026
Days on market
2
Listing agent
Robert E Salmons · Entera Realty
7132489869 · rsalmons@greenletco.com
Price history
First asked $194,900
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

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